Matters of shareholder action, communicated through proxy statements, include all of the following issues except:

Question

Quizplus · Accepted Answer

Approval of the company's business plan is typically not a matter that requires shareholder action communicated through proxy statements. Proxy statements are usually used for matters such as changes in corporate charter or bylaws, appointment of auditors, and election of directors. The company's management usually develops and implements the business plan without requiring a shareholder vote.

Matters of Shareholder Action, Communicated Through Proxy Statements, Include All